UPWK News and Press, Upwork Inc. From 04/23/23

2023-04-23 06:06:02 ET Summary Upwork Inc. maintained a decent performance amid macroeconomic headwinds. It faces fiercer competition as digital transformation and hybrid work adoption persist. Its excellent liquidity can help it withstand these and expand. The stock price...

2023-04-19 16:44:51 ET Summary Fiverr is struggling right now as the economic challenges for SMBs impact their business. However, their strong balance sheet means they are likely not at risk, but the growth story could be broken even after the difficulties are over. As a long-...

2023-04-19 06:45:17 ET Summary Both Upwork and Fiverr have positioned themselves to greatly benefit from freelancing's increasing popularity. The global freelancing industry is expected to reach $9 billion by 2026, with a forecasted growth rate of 15.3% between 2021 and 2026. ...

SAN FRANCISCO, April 06, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s work marketplace, today announced that Sunita Solao will join the company as chief people officer (CPO), effective May 1, 2023. Solao brings more than two decades of global experience as a hum...

SAN FRANCISCO, April 03, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, as measured by gross services volume (“GSV”), today announced that it will report...

SAN FRANCISCO, March 28, 2023 (GLOBE NEWSWIRE) -- Upwork Inc. (NASDAQ: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, as measured by gross services volume (“GSV”), today announced that Erica Gessert ...

2023-03-24 11:45:07 ET Shares of Upwork (NASDAQ: UPWK) , a platform for connecting freelancers to clients, soared 15.4% this week, according to data provided by S&P Global Market Intelligence , after the company said that it would buy back some of its convertible debt. U...

2023-03-22 09:05:13 ET Upwork ( NASDAQ: UPWK ) entered into separate, privately negotiated repurchase agreements with a limited number of holders of its 0.25% convertible senior notes due 2026 to repurchase ~$196.8M principal amount of the notes. The repurchase price w...

2023-03-20 21:29:18 ET Summary Upwork is the leading freelancer marketplace by revenue, according to my calculations. The company reported strong financial results for Q4,22 as it beat both revenue and earnings growth estimates. Upwork plans to expand its growth into the enter...

Summary Fiverr International Ltd. reported Q4 2022 results a week after its main competitor, and results look substantially better than expected. The most attractive consideration is that Fiverr International's EBITDA profile is set to double this year compared with 2022. At 40x for...